FTX intends to attract $1.5 billion in a new round of financing – Bits Media

Cryptocurrency derivatives exchange FTX plans to attract $1.5 billion in the next round of financing for its American division FTX.US.

FTX CEO Sam Bankman-Fried (Sam Bankman-Fried) reported, that the exchange will offer investors to purchase shares of its American branch FTX.US on $1.5 billion. At the same time, the market capitalization of FTX is estimated at $32 billion, and FTX.US – in $8 billion.

In October, FTX closed its B-1 funding round., having collected $420.69 million. As a result, the company's market capitalization reached $25 billion. This is on 39% more, than after the previous funding round B, when the company attracted a record for the crypto industry $900 million.

In August, Sam Bankman-Fried opined, that cryptocurrency derivatives play a vital role in improving the liquidity and efficiency of the digital asset market.